Huntington Ingalls Industries Inc <HII.N>: Profits of $3.42 per share anticipated for third quarter

1 November 2022 06:35 p.m. All figures in US dollars. Huntington Ingalls Industries Inc is expected to show a decrease in its third quarter earnings to $3.42​ per share according to the mean Refinitiv estimate from ten analysts. Wall Street expects results to range from $3.14 to ​$3.78 per share. RECOMMENDATIONS * The consensus recommendation for the company is "Hold". This includes one "Strong Buy", three "Buy", eight "Hold", * The average consensus recommendation for the aerospace & defense peer group is also "Hold". FORECAST CHANGES * Ten analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There were no changes to the number of estimates. * In the last four weeks the earnings per share estimate has fallen by 1.44 percent from $3.47. Estimates ranged from a high of $3.83 to a low of $3.14. There has been no changes to the number of estimates. * The StarMine predicted earnings surprise is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant. * The average price target from the ten analysts providing estimates is $252.91. YEAR OVER YEAR * The company is expected to report a rise in revenue to $2.69 billion from $2.34 billion in the same quarter last year. * The current quarter consensus estimate of $3.42 per share implies a loss of 6.30 percent from the same quarter last year when the company reported $3.65 per share. * Previous quarterly performance (using preferred earnings measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 3.35 4.44 Beat Mar. 31 2022 3.19 3.50 Beat Dec. 31 2021 2.97 2.99 Beat Sep. 30 2021 2.99 3.65 Beat This summary was machine generated from Refinitiv data November 1 at 06:35 p.m..